LATEST BLOG POSTS

Budget FY2022: Our Economy, Our Future

Budget FY2022: Our Economy, Our Future

Last year’s successful response to COVID-19 has boosted Australia’s accounts in a way that has allowed the Government to refine its budget approach – spend, but not too much. As business confidence and the housing market soars, the focus has not been on budget repair...

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Changes to account-based pension payments

Changes to account-based pension payments

UPDATED: On Saturday 29 May 2021, the Government unexpectedly announced an extension of the temporary reduction in superannuation minimum drawdown rates through to financial year 2021/22. At the height of the COVID-19 pandemic, the Government announced some changes...

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The emotional effects of money

The emotional effects of money

The money emotion... Numerous studies have been undertaken to delve into what it is that causes stress and anxiety for Australians and for many years running, money and finances has come out on top. The main reason for this emotional relationship is because money is...

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FY2021 Federal Budget Update

FY2021 Federal Budget Update

Last night the Government announced the Federal Budget including these proposed changes and initiatives: $250 economic support payments: Two tax-free economic support payments of $250 each will be paid to individuals in receipt of certain government income support and...

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New financial year, new super rules

New financial year, new super rules

From 1st July 2020, the Government has put an end to the work test for members aged 65 and 66 to make voluntary contributions to superannuation without having to meet the work test. From this date, anyone under the age of 67 can make contributions to their super...

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